ABSTRACT: After a wait of more than six years, India has begun to bringinto force the provisions of its Competition Act, 2002. Thenew regime, which is loosely reflective of EC and UK law, establishesthe Competition Commission of India (the CCI) as the nation'scompetition regulator and a Competition Appellate Tribunal tohear appeals in competition matters.

This article considers the key provisions of the new Indianregime with respect to anticompetitive agreements (includingthe CCI's cartel leniency regime), abuses of dominance and theyet-to-be-implemented merger control rules. It highlights significantpoints of similarity and divergence with EC and UK competitionlaws and highlights areas where further clarification by theCCI will be needed.